Listed Belgian firm Aedifica has acquired a new residential care home in Bedfordshire, in the UK.
It paid £16.5 mln (€18.3 mln) for the property. The vendor in the transaction was Hamberley Care Homes.
The asset has capacity for 69 occupants who require continuous care and is due to open its doors to its first residents this month.
Named Richmond House, the building is let on the basis of a new 25-year triple net lease. The net rental yield amounts to around 5.5%.
Welcoming the deal, Stefaan Gielens, CEO of Aedifica, said: 'We are very pleased to announce that Aedifica has acquired a brand-new purpose-built care home in Ampthill, Bedfordshire, comprising 69 en-suite bedrooms.
'The care home was developed and is operated by the Hamberley group, marking a new collaboration between Aedifica and an established elderly care home developer and provider.'
